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Inventories
3 Months Ended
Mar. 31, 2025
Inventories
NOTE 4 – Inventories:
Inventories, net of reserves, consisted of the following:  
 
    
March 31,
    
December 31,
 
    
2025
    
2024
 
    
(U.S. $ in millions)
 
Finished products
   $ 1,895      $ 1,783  
Raw and packaging materials
     716        671  
Products in process
     377        353  
Materials in transit and payments on account
     259        199  
  
 
 
    
 
 
 
   $ 3,247      $ 3,007